CMC Markets

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Brian Beasley
CMC Markets
  1. Is CMC market safe?
  2. What does CMC cost?
  3. What is the minimum deposit for CMC Markets?
  4. Is CMC good for beginners?
  5. Is CMC better than commsec?
  6. Does CMC allow day trading?
  7. Does CMC take commission?
  8. Are CMC Markets Free?
  9. Does CMC have account fees?
  10. How do I deposit CMC Markets?
  11. Who owns CMC?
  12. Can you buy shares on CMC Markets?

Is CMC market safe?

CMC Markets is considered safe because it has a long track record, is listed on a stock exchange, and is overseen by top-tier regulators. Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

What does CMC cost?

CMC Markets Stockbroking charges a brokerage fee on mFund transactions. Our current fees are $29.95 or 0.11%, whichever is greater.
...
mFunds pricing.

PlatformCost (per month)Cost waived if
Pro$49Active Investor or Premium Trader tier receive 3 months complimentary access

What is the minimum deposit for CMC Markets?

CFD Account Types

Account featuresCFD accountCorporate account
Profit from rising and falling marketsYesYes
Stamp duty payableNoNo
Minimum deposit$0$0

Is CMC good for beginners?

CMC Market's offers spreads as low as 0.70 pips on the EUR/USD, much lower than most other commission-free brokers. Traders will appreciate these low trading costs, advanced order management tools, and CMC Markets' powerful and innovative platform, but beginners may be disappointed by the limited educational material.

Is CMC better than commsec?

Commsec has better research tools, CMC is cheaper. ... CMC is cheaper (brokerage is $11 vs $ 19 for trades under $20k). Commsec certainly has more features, live price data etc which you either need to pay for with CMC or just doesn't exist.

Does CMC allow day trading?

Day trading guide. ... Private day trading allows you to be your own boss, putting you in control of your own time and money.

Does CMC take commission?

Commissions on US shares are charged at 2 cents per share. All commission charges will be converted to your account currency at the prevailing CMC Markets currency conversion rate.

Are CMC Markets Free?

Classic – CMC Markets' standard platform with low brokerage and free access, for people who make 10 or fewer trades per month.

Does CMC have account fees?

Commission charges: when trading CFD shares on our platform, a commission will be charged to your account upon execution of any order.

How do I deposit CMC Markets?

Use online banking to transfer funds into your CMC Markets Stockbroking Account using BPAY:

  1. The Biller Code for CMC Markets Stockbroking is: 9340.
  2. Your Customer Reference Number is available on our standard stockbroking platform under 'Account', select 'How to deposit' from the 'Transfer Funds' menu.

Who owns CMC?

CMC Markets

TypePublic Limited Company
Net income£86.9 million (2020)
OwnerPeter Cruddas (60.3%)
Number of employees697
Websitewww.cmcmarkets.com

Can you buy shares on CMC Markets?

You can purchase shares through a broker, using individually-held electronic funds or leverage your share trading using a margin loan from a margin loan provider. A CMC Markets stockbroking account enables you to easily and efficiently access the direct share market.


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